Item Description / Vendor
Enter an item description or the vendor for each item in your machinery and equipment (M&E) report
Asset or S/N
Enter the identifying asset or serial number for each item in your M&E report
Location
Specify the address or location name for each item in your M&E report
Condition
Describe the condition; e.g., new, excellent, good, fair, poor/salvage
Date in Service
Enter the date the item was placed in service
Remaining Years of Service
Enter the estimated remaining years of service for each item in your M&E report.
Original Value
Enter the original retail value for each item in your M&E report.
Current Fair Market Value (FMV)
Enter the current FMV for each item in your M&E report.
Balance as-of Date
Enter the date that the preceding values are as of.
NOLV Advance Rate
Typically, 50% of M&E for orderly liquidations
Advance Rate
Typically 75% of M&E availability
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